by adammesh | Jun 9, 2022 | News
Market Recap For June 9th, 2022 Finally, after eight days of nothingness, the major indices broke out of their respective ranges, albeit to the downside. With inflation data coming out today, yesterday could have just been a “sell on the rumor, by on the news”, but...
by adammesh | Jun 8, 2022 | News
Market Recap For June 8th, 2022 Once again, markets remained within the confines of the consolidation that took hold 8 days ago. Green one day, red the next. Traders would have to think that the break out of the current range is close, and it couldn’t come too soon....
by adammesh | Jun 7, 2022 | News
Market Recap For June 7th, 2022 The sideways consolidation continued on Tuesday as stocks regained all that was lost from Monday’s high. Once again, the S&P is knocking on the door of 4160. After Thursday’s failed attempt, will the 3rd time be the charm?...
by adammesh | Jun 6, 2022 | News
Market Recap For June 6th, 2022 Monday was a relatively boring day in the market, without much conviction in a move either way. The major indices finished basically flat. That being said, markets darted higher out of the gate, and the inability to hold those gains...
by adammesh | Jun 4, 2022 | News
Market Recap For June 3rd, 2022 Friday surprised many traders as Thursday finished with what seemed to be a firmly bullish close. Markets hit the brakes on that sentiment to end the week. The rally that started two weeks ago should still be intact. The hard question...
by adammesh | Jun 3, 2022 | News
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by adammesh | Jun 2, 2022 | News
Market Recap For June 2nd, 2022 Thursday saw a dip to start the day, but it didn’t take long for the market to turn around and reverse the previous two days losses. The key development from yesterday was the S&P moving above and holding the 4160 mark. This should...
by adammesh | Jun 1, 2022 | News
Market Recap For June 1st, 2022 Although markets didn’t take a massive dive yesterday, they also failed to push higher, and instead formed a lower daily low. Markets can consolidate however they see fit and could very well pop higher today, but Wednesday’s price...
by adammesh | May 31, 2022 | News
Market Recap For May 31st, 2022 Not much happened to start the holiday shortened week. Stocks spent most of the day underwater, but very little damage was done. Today should hold clues as to whether the current rally is still in force, or if it’s time for some profit...
by adammesh | May 30, 2022 | News
Market Recap For May 27th, 2022 Thursday’s extension of the market rally made it clear that this move may have the legs that prior rallies had not. Friday confirmed it. Tough to say how far it will go, but odds still avor that it will still just be a rally within a...
